Finmax
regent markets group
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Overview
Finmax was founded in 2008 and is headquartered in Bulgaria, while regent markets group was established in 2020 and is based in United Kingdom. Finmax holds licences including Financial Services Authority (FSA), while regent markets group is regulated by Financial Conduct Authority (FCA) among others. Finmax serves 10,000+ clients worldwide; regent markets group has 10,000+. The minimum deposit is $0 at Finmax and $250 at regent markets group.
| Feature | Finmax | regent markets group |
|---|---|---|
| Min. Deposit | $0 | $250 |
| Regulation | Financial Services Authority (FSA) | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F299 |
| Founded | 2008 | 2020 |
| Country | Bulgaria | United Kingdom |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Finmax and regent markets group, directly affecting your bottom line as a trader. Finmax has a lower barrier to entry with a minimum deposit of $0 (vs $250 at regent markets group). Neither broker charges withdrawal fees. Finmax applies inactivity fees on dormant accounts; regent markets group does not. regent markets group charges deposit fees; Finmax does not. Overall, Finmax scores higher on fees in our assessment.
| Feature | Finmax | regent markets group |
|---|---|---|
| Min. Deposit | $0 | $250 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
Finmax offers MT4, MT5, cTrader, while regent markets group supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. regent markets group supports social and copy trading features, which Finmax does not offer. The two brokers are closely matched on platform offering.
| Feature | Finmax | regent markets group |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4,MT5 | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Finmax and regent markets group compare. regent markets group runs regular live webinars; Finmax does not. regent markets group has a video library; Finmax does not. regent markets group publishes daily market commentary; Finmax does not. regent markets group integrates third-party research tools (Trading Central); Finmax does not. regent markets group maintains an archive of past webinars for on-demand viewing. regent markets group scores higher overall in education and research.
| Feature | Finmax | regent markets group |
|---|---|---|
| Forex Education | No | No |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | No | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Finmax accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while regent markets group supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). regent markets group uniquely supports PayPal and Skrill and Neteller among the two brokers. regent markets group scores higher on deposit and withdrawal flexibility.
| Feature | Finmax | regent markets group |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Finmax and regent markets group offer live chat support. Both provide phone support. Email support is available at both brokers. Finmax supports 2 languages and regent markets group supports 8, giving regent markets group broader global reach. Both brokers are comparable on support quality.
| Feature | Finmax | regent markets group |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |